16th Jun 2017 16:16
Amendment - due to the amendment of Equity transactions, the disclosure made on 15 June for dealings on 14 June has been updated. Section 2(a) has been updated.
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | STANDARD LIFE PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | STANDARD LIFE PLC |
(d) Date dealing undertaken: | 14 June 2017 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for ABERDEEN ASSET MANAGEMENT PLC |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
12 2/9p ordinary | Purchases | 495,648 | 3.9420 GBP | 3.9060 GBP |
12 2/9p ordinary | Sales | 665,045 | 3.9420 GBP | 3.9050 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
12 2/9p ordinary | CFD | Increasing a long position | 264 | 3.9102 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 1,012 | 3.9103 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 243 | 3.9104 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 684 | 3.9129 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 204 | 3.9134 GBP |
12 2/9p ordinary | CFD | Increasing a short position | 5,495 | 3.9140 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 362 | 3.9140 GBP |
12 2/9p ordinary | CFD | Increasing a long position | 908 | 3.9140 GBP |
12 2/9p ordinary | CFD | Opening a long position | 2,738 | 3.9140 GBP |
12 2/9p ordinary | CFD | Increasing a short position | 12,713 | 3.9144 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 1,786 | 3.9155 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 6,627 | 3.9159 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 646 | 3.9160 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 89 | 3.9161 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 557 | 3.9171 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 2,573 | 3.9179 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 2,075 | 3.9179 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 944 | 3.9181 GBP |
12 2/9p ordinary | CFD | Reducing a short position | 5,820 | 3.9187 GBP |
12 2/9p ordinary | CFD | Opening a long position | 21,329 | 3.9192 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 353 | 3.9192 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 162 | 3.9192 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 604 | 3.9197 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 39 | 3.9200 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 11 | 3.9200 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 845 | 3.9203 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 238 | 3.9210 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 3,100 | 3.9223 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 1,212 | 3.9227 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 444 | 3.9248 GBP |
12 2/9p ordinary | CFD | Opening a long position | 11,861 | 3.9265 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 1,412 | 3.9285 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 646 | 3.9285 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 1,384 | 3.9334 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 827 | 3.9384 GBP |
12 2/9p ordinary | CFD | Reducing a long position | 379 | 3.9384 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising / exercised against | Number of securities | Exercise price per unit |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
|
3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
| Date of disclosure: | 16 June 2017 |
| Contact name: | Joanna Foley and Kashif Rafiq |
| Telephone number: | +44(20) 7051 9996 / +44(20) 7051 0547 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
SLA.L